Commercial Metals Company (CMC) Gets a Buy from J.P. Morgan
In a report released today, Bill Peterson from J.P. Morgan maintained a Buy rating on Commercial Metals Company, with a price target of $78.00.
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According to TipRanks, Peterson is a 4-star analyst with an average return of 6.7% and a 50.60% success rate. Peterson covers the Basic Materials sector, focusing on stocks such as Nucor, Steel Dynamics, and MP Materials.
In addition to J.P. Morgan, Commercial Metals Company also received a Buy from Goldman Sachs’s Nick Cash in a report issued on April 1. However, on March 30, KeyBanc maintained a Hold rating on Commercial Metals Company (NYSE: CMC).
Based on Commercial Metals Company’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $2.13 billion and a net profit of $93.03 million. In comparison, last year the company earned a revenue of $1.75 billion and had a net profit of $25.47 million
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2026, JENNIFER J DURBIN, the Fmr. Chief HR & Comm. Officer of CMC sold 25,050.00 shares for a total of $2,003,248.50.
Read More on CMC:
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- Commercial Metals price target lowered to $78 from $83 at JPMorgan
- Commercial Metals Names Mike Dumais to Board of Directors
- Commercial Metals assumed with a Buy at Goldman Sachs
- Commercial Metals price target lowered to $83 from $85 at JPMorgan
- Commercial Metals price target lowered to $77 from $80 at Wells Fargo
